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🇷🇸 Serbia · Taxes

Taxes in Serbia

A progressive personal income tax of 10-20% and a moderate corporate tax. Here are the main rates for businesses and individuals.

Free consultationAdvice on your case
10-20%personal income tax
15%corporate tax
20%VAT

In Serbia residents pay tax on their worldwide income, while non-residents pay only on income earned in the country or linked to work for a Serbian company. Here are the main rates.

Who pays tax and on what

Serbian residents are taxed on their worldwide income. Non-residents pay tax on income earned in Serbia and on worldwide income linked to their work in or for the Republic of Serbia.

The main tax rates

  • Personal income tax - from 10% to 20%, depending on the type of income.
  • Corporate tax - 15%. Tax residents pay it on income earned in Serbia and on their worldwide income.
  • VAT - 20%.

Property and social contributions

  • Property tax - if the taxpayer keeps accounting records, the rate is fixed and does not exceed 0.40%.
  • Employee pension contributions - 14%.
  • Health insurance - 5.15%.
  • Unemployment insurance - 0.75%.

Your exact obligations depend on your residence status and the type of income. We will go through your situation on a consultation.

What makes the Serbian tax system convenient

A moderate corporate tax

Corporate tax is charged at 15%, lower than in many European countries.

A capped property tax

If you keep accounting records, the property tax rate does not exceed 0.40%.

Non-residents pay only on local income

Tax for non-residents is limited to income earned in Serbia or linked to work for Serbian companies.

FAQ

What is the personal income tax rate in Serbia?
From 10% to 20%, depending on the type of income.
What is the corporate tax rate?
15%.
What is the VAT rate in Serbia?
20%.
What social contributions does an employee pay?
14% in pension contributions, 5.15% for health insurance and 0.75% for unemployment insurance.

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